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Indian market

SWRE Net Loss Contracts To Rs 99 Cr In December Quarter

Sterling and Wilson Renewable Energy Limited (SWREL) has announced that it has narrowed its consolidated net loss to Rs 99.15 crore in the third quarter ending December. Sterling and Wilson said that the reduction in the losses is caused mainly due to lower expenses. With an EPC portfolio of close to 13 GW and an […]

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The Top 5: Electric Two Wheelers Under ₹1,25,000

The age of EVs is here and talking about the Indian transition to this green mobility trend is incomplete without bringing into the picture substitutes for two ICE two-wheelers, one of the most important types of vehicles on Indian roads. However, affordability is important if electric two-wheelers (e2w) have to replace conventional options. Until December […]

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Solar Tech Startup Loom Solar Raises $2 Mn Funding from SIMA Funds, USA

Emerging start-up in solar tech Loom Solar has raised $2 Million funding from US-based Social Investment Managers and Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others. The start-up that looks into the manufacturing of bi-facial solar panels and lithium battery, is headquartered in […]

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IREDA’s Partnership with EV Financing NBFC Mufin Green

Mufin Green Finance Ltd– has forged a partnership with Indian Renewable Energy Development Agency Limited (IREDA) with an aim to EV penetration thrive in India. IREDA is a Mini Ratna (Category – I) Government of India Enterprise under the Ministry of New and Renewable Energy (MNRE). It is engaged in promoting, developing and extending financial […]

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NY’s Verizon Communications Crosses 3 GW Projected Renewable Energy Capacity

New York-headquartered Verizon Communications has announced that it has signed four new long-term renewable energy purchase agreements (REPAs) for an aggregate of up to 410 MW of renewable energy capacity. The official statement of Verizon held that with four new agreements, Verizon has surpassed 3 GW of total projected renewable energy capacity, as it continues […]

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The Top 5: Most Affordable Electric Cars Under 10 Lakh

The journey of electric cars from being a concept to now being on the verge of replacing conventional vehicles faced a plethora of challenges. Two of the most important challenges were range and cost which made them pale in comparison to their ICE counterparts. While the year 2022 saw the rise of electric cars, the […]

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The Top 3 States With Biggest EV Subsidies In India

India has been successful in spurring the Electric Vehicles trend in the country. While the central efforts were instrumental in this development, the contributions of various states in terms of subsidies have formed the backbone of EV adaptation as well. However, keep in mind that subsidies are unlikely to last very long, possibly not beyond […]

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First Group Captive Solar Plant for Residential Society from Tata Power RE Ltd

A subsidiary of Tata Power Tata and renewable energy giant Tata Power Renewable Energy Limited (TPREL), has entered into an agreement with Vivarea Condominium, a residential society in Mumbai for the supply of solar power. The captive solar power plant of capacity worth 3.125 MW solar plant will be established at Himayatnagar, Maharashtra. The power plant will generate clean […]

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ReNew Power Installs India’s First 3x Platform Wind Turbine Generators In Karnataka

ReNew Power, India’s largest renewable energy company by operational capacity, has announced the installations of India’s first ever 3x platform Wind Turbine Generators (WTG) in Gadag, Karnataka. The WTGs have a nameplate capacity of 3.3-3.465 MW and are 128-140m in height. They offer significantly improved capacity over models installed in India to date, which typically […]

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